June 10, 2024 11:07 GMT
Targets the 2024 high in Yield
BTP
- Italian 10yr Yield didn't quite manage to break the 2024 high, but got close, printed a 4.055% vs 4.067% 2024 high, with the latter coinciding with the 38.2% retracement of the Oct/Dec fall situated at 4.069%.
Today, reference 115.53:
- 4.069% = 115.29.
- 4.100% = 115.03.
- 4.256% = 113.77 (50% retrace of Oct/Dec fall).
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